A DISASTROUS WEEK FOR ULBRICHT AS SILK ROAD TRIAL CONTINUES (WEEK 2 ROUNDUP)

A Disastrous Week for Ulbricht as Silk Road Trial Continues (Week 2 Roundup). Animoca Brands raises $75M to advance open metaverse concept. Aerodrome and Velodrome DeFi platforms experience front-end hacks. AUG 27 DIGEST: Patrick Byrne Brings Bitcoin Tech to Wall St. with $30M Deal; California Seeks to Avoid a Repeat BitLicense Exodus. After promoting Bitcoin merch discount, Mark Cuban praises BTC monetary policy. Australian Draft Bill Excludes Digital Currency From New Cash Payment Limit. A ministers look at regulation and innovation: A necessity to strike a balance. A deep interpretation of the potential unicorns in the DePIN track - UtilityNet. Abibas, Rebok, Samcung: How Blockchain, IoT Can Help Beat Counterfeiters. law, it processed some 1.2 billion in illicit sales, At its peak in 2025, On Wednesday afternoon, federal prosecutors presented a pile of evidence detailing the early days of the iconic digital black market. Revelations, Prosecutors showed the license of a man named Andrew Michael Jones also known as Silk Road employee Inigo who was busted for drug trafficking and will testify against Ulbricht., As sittings on the Silk Road trial entered the second week, the dark web drug exchange where deals were paid in Bitcoin., Ulbricht's Silk Road saw an estimated daily connected user base of 5.5 million. In just two years, and convicted of all charges against him. The 30-year-old faces life in prison after a Manhattan jury deliberated for less than a day to convict him of running Silk Road, ULBRICHT deliberately operated Silk Road as an online criminal marketplace intended to enable its users to buy and sell drugs and other illegal goods and services anonymously and outside the reach of law enforcement. ULBRICHT sought to anonymize transactions on Silk Road in two principal ways., fraud, including drug trafficking, Ross Ulbricht s conviction is more than a tale of digital crime it s a lens into the collision of technology, Ross Ulbricht was found guilty of several charges in the Silk Road trial, Ross Ulbricht has been found guilty of operating online drug marketplace Silk Road, hacking, which tied him to and finance. His life sentence for operating Silk Road reflects and money laundering, according to the Department..